Why are SDM’s Shares Falling and What It Might Mean for CPG Suppliers?
On Thursday, shares of Shoppers Drug Mart fell nearly 10% based on news of changes the government of Ontario announced to generic drug prices. Basically, the new legislation cuts the prices on generic...
View ArticleCouche Tard Makes a BIG US Play (Again)
If I were to ask many of you who is the second largest Canadian retailer by revenue, most would likely say Sobeys, some might say Metro. Both would be incorrect. Couche Tard is the right answer. In...
View ArticleSDM Jumps Into Electronics With Both Feet
Over the past couple of weeks, Shoppers Drug Mart has made three quiet announcements that could open up a whole new line of revenue for this growth hungry retailer. Partnerships announced with Rogers...
View ArticleSINS Must Read: Deloitte Global Powers of Retailing 2011
My favorite report on the global retail industry has just been released and you need to get a copy and give it a good read. This report reviews the performance of the Top 250 retailers in the world...
View ArticleKatz Group & Jean Coutu – Canada’s Next Big Merger?
Lost in the shuffle of last week’s news of the Target / Zellers transaction was the analysis by CIBC industry financial analyst Perry Caicco that two big drug retailers in Canada may be in-line to...
View ArticleTarget Looks To Reach $6 Billion in Canadian Sales
Reuters reported this week that Target will be looking to achieve $6 billion in turnover at its Canadian operations as it looks to grow to a $100 billion company in six or seven years time. Target CFO...
View ArticleSDM’s Confusing Private Label Food Offering
Last week in my mailbox I received a SDM flyer that included a four-page insert for grocery items which are featured in our local neighborhood store. Everybody and their dog is getting into food these...
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